Updated Duplex with In-Unit
3433 Cottman Avenue Philadelphia, PA 19149
For Sale
$358,900
Pending
Well-maintained updated duplex with in-unit washer and dryer, plus potential for an additional studio unit.
Property Size2,048 SF
Days on Market131
Property Features for 3433 Cottman Avenue
General Information
- Standard status
- Pending
- Size
- 2,048 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1920
Listing Agency:
RE/MAX 440 - Doylestown
(215) 358-1100
Listed By:
Emilio J Verrillo · License #RS327067
(215) 358-1100
Source:
Compass
Added: Mar 17
Changed: Jul 23
Last Checked: Jul 24 at 1:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 440 - Doylestown
Investment Insights
Based on property information with market context.
This well-maintained, updated multifamily complex is configured as a duplex/triplex, offering flexible living and rental potential. Unit 1 features two bedrooms and one bathroom, with access to a finished lower level that includes a washer and dryer. Unit 2 offers one bedroom and one bathroom, equipped with its own washer and dryer, Pergo flooring, a large bedroom closet, and an upgraded kitchen with a modern ceiling fan.
The property is located on a quiet block with close proximity to shopping, public transportation, and major highways.
An income bonus is noted through the possible addition of a third studio unit of approximately 500 square feet with a full bath, providing further versatility for an investor or owner-occupant.
The property is located on a quiet block with close proximity to shopping, public transportation, and major highways.
An income bonus is noted through the possible addition of a third studio unit of approximately 500 square feet with a full bath, providing further versatility for an investor or owner-occupant.
Key Highlights
- Updated multi‑family complex built in 1920 with no pool
- Unit 1 offers 2 bed, 1 bath and access to a finished lower level with washer & dryer
- Unit 2 features 1 bed, 1 bath, in‑unit washer & dryer, Pergo flooring, and an upgraded kitchen with ceiling fan
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.0k | $21.00 |
| − Vacancy | −$1.3k | −$0.66 |
| EGI | $41.7k | $20.34 |
| − OpEx | −$12.5k | −$6.10 |
| NOI | $29.2k | $14.24 |
2,048 SF · lease $21.00/SF/yr · vacancy 3.13% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$3.92M
$3.43M – $4.57M
NOI $274,486 @ 7.0% cap · market cap 76.48%
Second Best
Multifamily LT 5
$416.6K
$364.5K – $486.1K
NOI $29,163 @ 7.0% cap · market cap 8.13%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained updated duplex with in-unit washer and dryer, plus potential for an additional studio unit.
Where is this duplex located?
The property is located at 3433 Cottman Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $358,900.
What are key features of this property?
This property features: Updated multi‑family complex built in 1920 with no pool; Unit 1 offers 2 bed, 1 bath and access to a finished lower level with washer & dryer; Unit 2 features 1 bed, 1 bath, in‑unit washer & dryer, Pergo flooring, and an upgraded kitchen with ceiling fan
